Hunting Lease Agreement Price
One of the most important aspects of designing a lease agreement is the price. The price you set as the landowner should be fair for all parties. You need to make enough money to make it worth it and it needs to be cheap enough that hunters can afford it. The lease price should be set based on the acreage and quality of land, the quality of animals, the number of available species to hunt, and the distance from a major city.
A great tool you can use to determine what you should charge is to research the prices of leases near your land. When doing this, you should focus on the price per acre and the quality of the land. Another and easier method is to use a leasing agent. Basecamp Leasing is a great resource for landowners that need assistance leasing their valuable land.
Hunting Lease Agreement Duration
Lease agreements are typically made for at least one year. Typically the longer the lease agreement the more benefit there is to both parties. The landowner will spend less time writing and renewing lease agreements. Additionally, if the lease allows, the hunters may be willing to spend more time and money creating better wildlife habitats.
That said, if a long-term contract is going to be agreed on, both parties should be fully comfortable with the lease agreement and the rights of both parties should be stated plainly. In some scenarios, it may be better to first agree on a 1-year term. If everything works out, then a longer-term agreement can be agreed on.
Number of Hunters Allowed and Exclusivity
The number of hunters allowed will depend on you and the number of acres available for lease. If the property is large enough and has enough quality habitat, you can split your property into two parcels and lease each parcel to a set of hunters.
The number of hunters on the property will also affect the price. The more people that are allowed to hunt the land, the less valuable it will likely be to the hunters. That said, the more hunters, the more you may be able to make. There is a gentle balance here. If you’re not sure how many hunters you should allow on your property, it is best to discuss this with an experienced lease manager.